Verizon among 10 asked to join $10B Interior cloud contract

Verizon Communications Inc. snagged possibly one of its largest federal contracts to date.

The New York City-based company revealed it was one of 10 chosen by the U.S. Department of Interior to participate in a $10 billion, 10-year cloud-hosting contract.

The contract enables the Interior to fast-track its move to the cloud and would result in benefits of $100 million annually from 2016 to 2020, the agency reported.

Verizon will compete to offer cloud-based storage, secure file transfer, virtual machine, and database, Web, and development and test environment hosting services. The company is also one of four selected to offer SAP application hosting services.